Technically There Is Still Life...Tenoriba Project, Mexico On July 3, 2012 the Company signed a definitive agreement to option the Tenoriba gold and silver project located in southwestern Chihuahua State, Mexico (the "Agreement"). Tenoriba is comprised of three concessions, Mapy 1, Mapy 2 and Fernanda, covering a land package of approximately 8,100 hectares. The terms of the Agreement permit the Company to acquire 100 percent of the Tenoriba property by issuing a total of 900,000 common shares and making total cash payments of US$160,000 to the vendors over the four year option period and spending US$1,000,000 in exploration expenditures on or before June 30, 2016. In addition, the Company has paid US$40,000 in property back-taxes owing to the Mexican government. The Agreement also allows for a 2 percent Net Smelter Return royalty payable to the vendors upon commercial production. The royalty can be purchased by the Company at any time within a three three months period from commencement of commercial production for US$1,500,000. On March 12, 2015 the agreement was amended (the Amended Agreement) to provide for the following payments: Fernanda Concession Option Details Pursuant to the Agreement the Company has issued 200,000 common shares and made cash payments of US$23,750 as follows: 1. 50,000 common shares and USD$12,500 on or before December 30, 2012 (issued and paid); 2. 50,000 common shares and USD$5,000 on or before June 30, 2013 (issued and paid); 3. 50,000 common shares and USD$12,500 on or before December 30, 2013 (issued and paid); and 4. 50,000 common shares and USD$12,500 on or before June 30, 2014 (issued and paid); Pursuant to the Amended Agreement the Company will issue 365,575 common shares and make cash payments of US$62,500 as follows: 1. 140,575 common shares on or before December 31, 2015; 2. 50,000 common shares and USD$12,500 on or before June 30, 2016; 3. 50,000 common shares and USD$12,500 on or before December 30, 2016; 4. 62,500 common shares and USD$18,750 on or before June 30, 2017; and 5. 62,500 common shares and USD$18,750 on or before December 30, 2017. Mapy Concession Option Details Pursuant to the Agreement the Company issued 150,000 common shares as follows: 1. 75,000 common shares on or before December 30, 2013 (issued); 2. 75,000 common shares on or before June 30, 2014 (issued); Pursuant to the Amended Agreement the Company will issue 465,575 common shares and make cash payments of US$62,500 as follows: 1. 140,575 common shares December 31, 2015; 2. 75,000 common shares and USD$12,500 on or before June 30, 2016; 3. 75,000 common shares and USD$12,500 on or before December 30, 2016; 4. 87,500 common shares and USD$18,750 on or before June 30, 2017 and 5. 87,500 common shares and USD$18,750 on or before December 30, 2017.